{
  "id": 8285603,
  "title": "Euro: Stabilization after FOMC volatility – Scotiabank",
  "url": "https://urgent.news/2026/09/18/euro-stabilization-after-fomc-volatility-scotiabank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T18:44:35.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-stabilization-after-fomc-volatility-scotiabank-202609181844"
  },
  "original_language": "en",
  "account": "Scotiabank analysts Shaun Osborne and Eric Theoret highlight a slight upward movement in the Euro (EUR) against the US Dollar (USD) following Thursday's modest recovery and efforts to stabilize post-Federal Reserve (FOMC) meeting. They note that market expectations for monetary policy between the European Central Bank (ECB) and the Federal Reserve (Fed) are stabilizing, as ECB officials maintain a hawkish stance amid energy-linked inflation concerns and growth, while German Producer Price Index (PPI) data exceeded forecasts. The EUR is poised for a minimal gain against the USD as it seeks stability after the recent FOMC proceedings and builds upon Thursday's recovery. Market participants are evaluating the near-term impact of potential tightening measures from the ECB, which remains predominantly hawkish due to energy-related inflation and growth considerations. Although EUR/USD momentum indicators are still bearish but nearing oversold levels, suggesting minimal further downside from the present levels. In terms of short-term technicals, the EUR/USD pair is currently in a bearish/neutral zone. The stability observed in the spot market indicates supportive short-term levels at 1.1450, with limited resistance anticipated before the mid-1.15 range.",
  "summary": "Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is posting a small gain versus the US Dollar (USD) as EUR/USD extends Thursday’s modest recovery and attempts to stabilize after the latest FOMC meeting.",
  "key_points": [
    "Euro slightly gains against USD after FOMC volatility stabilization",
    "ECB maintains hawkish stance due to energy inflation concerns",
    "EUR/USD pair in bearish/neutral zone near 1.1450 support"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}